Connected Logistics Market 2019: Company Profiles, Industry Segments, Global Trends, Landscape and Demand by Forecast to 2023
The report on the global Connected Logistics Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.
Pune, India – September 9, 2019 /MarketersMedia/ —
Overview
Connected logistics is gaining traction in various parts of the world on account of increased need for effective logistic solutions. Moreover, the growing essence of real-time analysis for managing complex logistics operation has bolstered the prospects of connected logistics. Market Research Future (MRFR) reports that the global connected logistics market will expand at 22% CAGR between 2017 and 2023.
In connected logistics, a combination of software and hardware is used for supporting and offering dynamic services to connected logistics platform. Recognising the immense market opportunities, a number of companies have entered the fray. For instance, German conglomerate Siemens is moving fast in expanding its connected logistics portfolio across cargo infrastructure, seaports, and airports.
Connected logistics offers a great deal of ease in administration of logistics division. The system is also used for obtaining critical information. Connected logistics is a vast and diverse form of technology which comprise application sensors on shipped products to retrieve vital data. This allow real-time monitoring and analysis of the statue of shipment, its movement and physical condition. Some of extended services of connected logistics also include information pertaining to transport and weather.
The technology is increasingly used in transportation of sensitive goods, inflammable items, fragile goods, etc. Adoption rate has been impressive in sectors such as pharmaceutical and electronics. It is projected that connected logistics is expected to find tremendous application opportunities in the years to come. The technology can play a vital role during transportation of sensitive good in extreme temperature as shippers will remain informed at all times. This can significantly reduce spoilage and the subsequent financial loss.
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Logistics companies are increasing inclining toward sophisticated technologic to improve operational efficiency, reduce cost and gain superior control of the entire transportation process. This is partly influencing the adoption of connected logistics. In modern transportation, spoilage control and reduction of delivery time is pivotal which further necessitates technologies such as connected logistics.
Competition Analysis
MRFR’s report includes a comprehensive profiling of some of the leading market players, which include SAP SE (Germany), ORBCOMM (U.S.), Cisco System Inc. (U.S.), HCL Technology Limited (India), Cloud Logistics (U.S.), Amazon Web Services(U.S.), Accenture (Republic of Ireland), AT&T Inc. (U.S.), Huawei Technologies (China), IBM Corp. (U.S.), Freightgate Inc. (U.S.), Eurotech S.P.A (Europe), Infosys Limited (India), Siemens (Germany) and Intel Corporation (U.S.)
Segmental Analysis
The segmental analysis of the Connected Logistics Market has been conducted on the basis of software, platform, transportation mode, and vertical.
By software, the market has been segmented into warehouse management system, data management, streaming analytics, network management, security, and asset management. By platform, the market has been segmented into connectivity management, device management and application management. By transportation mode, the market has been segmented into waterways, airways, roadways and railways. By vertical, the market has been segmented into oil and gas, manufacturing, retail, IT & Telecom, food and beverage, healthcare, automotive and others.
Regional Analysis
Key regions analysed in the report include Asia Pacific (APAC), Europe, North America and rest of the World (RoW). North America is currently the most valued market for connected logistics and the trend is likely to continue to beyond 2019. Lucrative opportunities from end-used industries market region an important destination for market players. Meanwhile, Asia is also expected to emerge as a major contributor in terms of revenue. Market growth in Asia Pacific is also being driven by increased trade activities in countries such as Chin, India and ASEAN countries. Adoption of advanced technologies coupled with the growing need for effective logistic solutions is making a positive impact on the APAC connected logistics market.
LIST OF TABLES
Table 1 Global Connected Logistics Market: By Region, 2017-2023
Table 2 North America Connected Logistics: By Country, 2017-2023
Table 3 Europe Telecom Expense Management: By Country, 2017-2023
Table 4 Asia-Pacific Telecom Expense Management: By Country, 2017-2023
Table 5 Rest Of The World Connected Logistics Market: By Country, 2017-2023
Continued…….
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LIST OF FIGURES
FIGURE 1 Global Connected Logistics Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Connected Logistics Market
FIGURE 4 Value Chain Of Global Connected Logistics Market
FIGURE 5 Share Of Global Connected Logistics Market In 2017, By Country (In %)
Continued…….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
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